Author: Lane Simond.
The most common narrative about recycling electronics is that it is better for the environment, but business owners have even more reasons to make sure their outdated technology gets into the hands of a reputable recycler.
Three reasons to recycle e-waste
Data Breaches – E-waste includes electronic products such as computers, cell phones, televisions, electronic toys, household lighting and household appliances. However, the technology waste that businesses create is not only harmful to the environment but can be detrimental to the bottom line if it is not handled properly. Reputable recycling operations, like Sparta’s ERS International, employ experts in secure data wiping and destruction processes to make sure that business, as well as customer data is properly and thoroughly erased before the product is recycled. If your business wants to mitigate the risk of data breaches, you need to protect confidential information. The Canadian Press has reported that the average cost to companies involved in data breaches in Canada in 2023 reached close to 7 million dollars.
Reputation – Environmental consciousness is something consumers, business partners and investors now expect from companies. If a business doesn’t recycle e-waste, it could damage the brand’s reputation and ultimately revenue. By adopting sustainable practices, like recycling e-waste, a business is demonstrating it cares and is willing to contribute to a cleaner, greener future. It also shows that the company is setting a good example for others to follow.
Carbon Footprint – A company’s carbon footprint matters. More governments are demanding that businesses report emissions. While it can take several different steps to reduce a company’s overall carbon emissions, there are many who are successful at it. There are also companies that despite a strong effort, can’t meet their carbon emissions goals. These businesses have the option of purchasing carbon credits. Sparta’s ERS is one of the first e-waste recyclers in North America to be certified to generate and offer companies verified carbon credits from the recycling of electronics.
Next generation recycling
Sparta Group’s (TSXV:SAY) Environment division, ERS has been working with some of the world’s leading nanotechnology experts to bring an A.I powered nanotech solution to the recycling industry. In fact, ERS is currently setting up the nanotechnology, NeoSort at its Toronto e-waste recycling operation. The Director of Global Business Development for the company is keen to get the system up and running in the new year.
Saving with recycling
Commercial recycling can be a money saver for businesses. For instance, it lowers hauling costs associated with regular waste disposal by diverting recyclable items into another cleaner, greener waste stream.
We need to protect our environment from the toxic consequences of throwing electronics in the trash. However, if saving the environment is not reason enough, think about what it could mean to your company if you don’t make recycling e-waste, as well as other forms of waste, a priority.
To find more about Sparta Group, visit Spartagroup.ca.
Join the discussion: Find out what everybody’s saying about this technology stock’s carbon credit program on the Sparta Capital Ltd. Bullboard and check out Stockhouse’s stock forums and message boards.
This is sponsored content issued on behalf of Sparta Capital Ltd., please see full disclaimer here.